DESAI KALPANA 4

What Happened

• Kalpana Desai, a director of Janus Henderson Group plc (JHG), was granted 3,288 restricted stock units (RSUs) on May 11, 2026 at a grant value of $51.71 per share (total $170,022). This is an award (not a purchase).
• On May 12, 2026 the issuer withheld 1,926 shares (disposed) at $51.61 per share to satisfy tax withholding obligations, a transaction valued at $99,401. The withheld shares relate to tax withholding and are not an open-market sale.

Key Details

• Grant date: 2026-05-11 — 3,288 RSUs @ $51.71 (total $170,022). These RSUs vest one year after grant (per footnote).
• Withholding date: 2026-05-12 — 1,926 shares withheld @ $51.61 (value $99,401) to cover taxes related to previously granted RSUs (vested May 2, 2025 per footnote).
• Shares owned after the transactions: not specified in the provided filing.
• Filing: Form 4 filed 2026-05-13 (appears timely based on the reported dates).
• Transaction codes: A = Award/Grant (RSUs); F = Tax withholding (shares withheld to satisfy tax liability).

Context

• The primary event is an RSU grant that vests in one year — this is a compensation award, not a market purchase. The follow-up withholding is routine tax-withholding on vested equity and does not necessarily signal a personal sale decision.
• For retail investors, awards increase an insider’s potential future stake if RSUs vest; withheld shares simply fulfill tax obligations and reduce net new shares received.